Data: An anonymous user staked 10,000 BTC on Babylon 10 days ago, worth over 1 billion dollars

ChainCatcher message, the Bitcoin staking protocol Babylon disclosed on its official blog that on December 15, during the third launch of the Babylon Bitcoin staking protocol mainnet, an anonymous staker staked 10,000 bitcoins through three transactions, worth over 1 billion dollars.

Babylon stated: "Prior to this, the largest staking amounts came from entities looking to stake on behalf of their users (such as LST protocols and custodians), but an individual staking on such a large scale is particularly significant for Babylon and its protocol. Regardless of who this person is, their decision to stake directly with Babylon rather than through LST brings the concept of 'trustless' staking from the abstract to the concrete."